Rapidly increasing disposable income level in countries such as China, India and Brazil has enhanced market penetration for baby diapers, adult incontinence products which have had a mirror impact on PP nonwoven fabric demand in these regions.
The Global Polypropylene (PP) Nonwoven Fabric Market is expected to reach USD 34.98 billion by 2025, according to a new report by Grand View Research, Inc.
The Global Polypropylene (PP) Nonwoven Fabric Market is expected to reach USD 34.98 billion by 2025, according to a new report by Grand View Research, Inc.
These fabrics are now being aggressively adopted for durable applications such as geotextiles, construction, automotive, home furnishing, etc. which has increased their penetration level in such markets. However, volatile raw material supply is expected to be a key challenge for industry participants, in terms of maintaining profitability
Polypropylene being a petrochemical derivative, witnesses significant fluctuation in its price owing to the supply-demand imbalance. Over the last few years, there has been rising concern over the depleting petroleum reserves which have led to a shortage of chemicals, affecting their market price
In terms of production, emerging markets of Latin America, Middle East and Africa hold maximum potential. These regions are expected to cater to the growing demand for PP nonwoven fabrics by 2025.
Some of the major expansions planned in these regions are projected to come from Russia which holds the advantage of having abundant natural resources. However, Asia Pacific is also expected to expand its capacity on account of favorable government policies in India and China to increase the flow of FDI.
To Know More About Polypropylene (PP) Nonwoven Fabric Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market
Majority of spunbonded polypropylene nonwoven fabric produced is consumed for hygiene application around the world. Meltblown PP nonwoven fabrics is anticipated to emerge as the second fastest growing product segment. Major application of meltblown PP nonwoven fabrics include sanitary applications such as hygiene and incontinence products for babies, adults and feminine hygiene products.
Top Players of Polypropylene (PP) Nonwoven Fabric Market:
Some of the key companies operating in the industry include Kimberly-Clark, Fibertex, AVGOL, PGI, Fiberweb, Mitsui, Toray and First Quality along with some other companies.
Market Segmentation of Polypropylene (PP) Nonwoven Fabric Market:
The PP (Polypropylene) Nonwoven Fabric Market segmented on the basis of Product, Application and Region.
By Product:
Spunbonded
Staples
Meltblown
Composite
By Application:
Hygiene
Industrial
Medical
Geotextiles
Furnishings
Carpet
Agriculture
By Region:
North America
Europe
Asia Pacific
Middle East and Africa
Central & South America
Inquire about Polypropylene (PP) Nonwoven Fabric Market with Our Experts @ https://www.grandviewresearch.com/inquiry/335
Comments
Post a Comment